Word: money
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Dates: during 1910-1919
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...said by many people that sooner or later Japan will be tempted to seize the Philippines, then the Hawaian Islands, then the Pacific Coast ports. This claim is absurd, for Japan would gain absolutely no advantage from any such movement. In the first place Japan has no money to carry on such a war as would be inevitable if such seizures were made, and in the second place Japan in attacking the possessions of the United States would at the same time threaten the English, French, Russian, and Dutch positions in the East. In other words, if Japan attacks...
...wonderful growth of the United States during the last fifty years has been due largely to the investment of enormous sums of money in public service utilities, and this great outlay of capital has made combinations necessary. With the growth of these combinations, states have adopted laws so as properly to regulate the corporations thus formed. In order that this regulation might be fair both to the public service corporation and to the consumer, public service utility commissions have been formed and for the most part have done very commendable work in properly regulating rates and in seeing that efficient...
...that the men from whose pockets this sum comes, should be more or less interested to know whither it goes. Approximately one-fifth of the profit was spent on the tennis team. Dinners to victorious Freshman teams and the liberal use of taxicabs may possibly be justifiable, but tennis money should not go for such purposes with the courts in their present condition. Why not, therefore, use part of the $1200 to build more courts? Why not use the remainder to cover the courts with clay and thus eliminate the prevalent sand storms? No expenditure would be of equal advantage...
...person, the Class Treasurer, and his functions. Mysterious, we say, because curiously enough and quite contrary to the usual state of affairs in corporate bodies, the treasurers of undergraduate classes in Harvard do not make public the condition of class finances. Assessments are laid on members of a class, money is received and spent for dinners, smokers, and other purposes, treasurers hand over their accounts and funds to their successors as each annual election comes along; but the body of the class is never admitted to the secrets of the exchequer. This is not as it should be. Secrecy...
...should entertain a right standard of living. The simple life is undoubtedly the ideal life, but the simple life does not mean a life without comfort and refinement. It does mean a life that is not lowered by undue extravagance and the reckless expenditure of large sums of money...